2 Bargain Stocks to Thrive in 2022
Inflation and Omicron are just short-term noise ahead of a strong recovery; that noise means these bargain stocks are selling at a discount. It’s been a stellar 2021 for the market. The S&P is up 26% so far with only days left in the year. That’s about triple the historical average annual market return. But the negative short-term news is hurting companies that are otherwise positioned for strong growth, making them bargain stocks for longer-term investors. The lure of a strong economy with still-low interest rates is overcoming the gathering problems of persistent high inflation, a rapid Fed tightening cycle, and the explosion of Omicron. But inflation is getting worse and promises to be a big issue in 2022. October inflation was the worst in about forty years. November’s numbers, which were just released, hitting the highest level in nearly four decades and marking the seventh straight month of inflation over 5%. The persistent inflation has prompted the